Objections. And we are following breaking news about the political revenge scandal surrounding new jersey governor Chris Christie. The man who ordered the controversial lane closings said christie knew who was happening as it was happening and says he has the evidence to prove it. And moments ago we got Chris Christies response. John, this really broke an hour or so ago. All we can do is walk our audience through the sequence of events. So much is up in the air. We dont know what the evidence that David Wildstein is. The New York Times puts on its web site a story that governor christie knew about the lane closures while they were taking place last year. And the evidence comes from a letter that was sent from the lawyers representing David Wildstein who is a friend of governor christie, they went to high school together. He is the guy who ordered the lane closures on the worlds busiest bridge, the George Washington. And the lawyers are asking the Port Authority of new jersey to pay for
And this is real money you are the most important part of our show so join our program for the rest of the half hour. Another down day in u. S. Markets. For many stock mark investors this has been anything but a happy start to 2014. The dow lost another 150 points capping the months losses. The nasdaq lost 1. 7 in january and the s p 500 which may look the most like your investment portfolio lost three and a half this month. English translation of the purported chinese phrase, may you live in Interesting Times for investors these are certainly Interesting Times. As ive explained, investors are pulling money out of emerging markets, including a possible slow down in china and Rising Interest Rates here in the United States. Here is one of the reasons the rest of 2014 just might be more challenging for investors. The january barometer. Expect to hear about it, as january goes, so goes the year. So a january like this when stocks fall mean in theory, that youll end the year with a loss. S